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Until 1961, the Volgograd Tractor Plant was called the Stalingrad Tractor Plant named for Dzerzhinsky (Russian: Сталинградский тракторный завод им. Ф. Э. Дзержинского, Stalingradski traktorni zavod im. F.E. Dzerzhinskogo, or СТЗ,. The plant was built in one of the first industrial sites that were built according to the plans of rapid industrialization of the USSR, adopted in the late 1920s. The construction of the Stalingrad Tractor Plant was carried out with the assistance of Western countries, primarily the United States. The plant produces tractors and military equipment. During World War II, the plant was retooled to produce equipment for the Red Army, most notably the T-34 tank. It became world-famous during the Battle of Stalingrad for being the site of fierce fighting.
In December 2002 the plant was divided into four separate companies within the Group:
Tractor Company VgTZ (Traktornaya kompaniya VgTZ)
Russian Machine Building Components (Rossiyskiye mashinostroitel’nyye komponenty)
Territory of Commercial Development (Territoriya promyshlennogo raszvitiya)